Dr Property, plant and equipment 28,000 Cr Finance lease obligations 28,000 Subsequent accounting: depreciation Dr Depreciation expense ($28,000/4 years) 7,000 Cr Accumulated depreciation 7,000 Subsequent accounting: lease rental/interest YearB/fwdRentalCapital...
Property Management Online Lease Agreements: A Simple Process for Rental Managers Feb 27, 2024 Written by Helen Ann Wells 8 Minute Read Category: Leases Topics: First time Landlord The Pros and Cons of Having Month-to-Month Leases Aug 03, 2022 ...
Property rental and lease laws in Thailand state that any lease of an immovable property exceeding three (3) years is enforceable only for 3 years unless it is registered with the Land Department. A short-term contract greater than 3 years will not require registration but must be made in wr...
It’s also important to save ahard copyof the final commercial rental agreement–many states evenrequireleases over a specific amount to be in writing. So be sure to check the requirements for lease agreements in the state where the lease property is located. Having the terms in a written l...
LawDepotalso provides most forms for landlords and property managers, including both residential and commercial lease agreements. You will automatically receive a 10% discount on all LawDepot forms if you come from our blog. RocketLawyeroffers affordable legal services and free legal documents to fit ...
New LeasesContinue its present rental program and efforts at such Seller’s Property to rent vacant space in accordance with past practices; provided that, without the prior written consent of the Buyer, which consent may be granted or withheld in the Buyer’s sole discretion, such Seller shall...
long-term tax relief for Florida taxpayers. (See Holland & Knight's previous alert, "Florida Gov. Ron DeSantis Signs 2023 Tax Bill into Law," May 30, 2023.) Among the changes to certain state-level taxes was a decrease to the state-level sales tax rate on commercial real...
Triple net leases offer investors a unique opportunity for stable, predictable income. However, the real key to maximizing their potential lies in effective commercial property management. From maintaining tenant relationships to ensuring lease compliance, property managers are the unsung heroes who pr...
If a rental agreement is set out in writing as opposed to verbal, the list of statutory conditions must be attached to the agreement. Enforcement procedures that apply to commercial leases do not apply to residential properties. An order for possession, if rent is in arrears, must be ...
Uniform Commercial Code Security Agreement. This Instrument is intended to be a security agreement pursuant to the Uniform Commercial Code for any of the items specified above as part of the Property which, under applicable law, may be subject to a security interest pursuant to the Uniform ...